The online travel market in China grew by 9.3% to US$39.25 billion in Q3 2018, driven by the summer vacation and the mid-autumn festival holiday. 68.6% of transactions are generated from online transportation booking. Ctrip (37.6%), Qunar (19.78%), and Fliggy (16.46%) combined accounted for 73.84% of air ticket booking transactions. Ctrip led online accommodation with a share of 47.4%, followed by Qunar (13%) and Meituan Dianping (12.8%). Top online vacation agencies Tuniu (28%), Ctrip (25.37%), and Lvmama (15.04%) combined took 68.41% shares of online vacation in terms of transactions.
China's online travel amounted to 266.68 billion yuan (US$39.25 billion) market in Q3 2018, an increase of 9.3% year-on-year or 10.2% quarter-on-quarter. The peak season was largely promoted by t...
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